G2 reviewers report that while both Paystand and Melio have received high star ratings of 4.5, Melio's overall user satisfaction is reflected in its higher G2 Score, indicating a more favorable reception among users. This is particularly evident in Melio's ability to streamline vendor payments, with users praising its clean UI and easy approval setups.
Users say that Paystand excels in automating collection and cash application processes, which can save businesses significant time each week. Reviewers highlight the effectiveness of its Autopay feature within NetSuite, making it a strong choice for companies looking for automation in their payment processes.
According to verified reviews, Melio stands out for its user-friendly experience, particularly in payment scheduling and automation. Users appreciate how it simplifies vendor payments, allowing them to pay via ACH or credit card, even when vendors do not accept cards, which enhances flexibility in managing cash flow.
Reviewers mention that Paystand's integration with platforms like NetSuite is a significant advantage, providing a seamless experience for businesses already using those systems. This integration is noted as a key factor in its appeal to mid-market companies, which make up a large portion of its user base.
Users highlight that Melio's recent updates have improved its payment tracking and reconciliation features, making it easier for small businesses to manage their finances. The ability to track payments and automate workflows has been particularly beneficial for users looking to enhance their operational efficiency.
G2 reviewers indicate that while both products offer quality support, Melio's higher scores in ease of setup and administration suggest a more straightforward onboarding process. Users have noted that Melio's intuitive design and quick implementation help them get started without significant hurdles.
Pricing
Entry-Level Pricing
Melio
Melio Go
Free
Melio Go is free and ideal for businesses looking to enhance cash flow, streamline payments, and handle transactions however they prefer.
5 free ACH transfers per month
10 free syncs with QuickBooks Online & Xero
Pay by card or bank—vendor receives check, ACH, or wire transfers
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